Hanfa exercises supervision of business operations of stock exchanges and regulated public markets, companies authorised to provide investment services and perform investment activities, investment firms and securities issuers, brokers and investment advisors, tied agents, central clearing and depository company, insurance and reinsurance companies, insurance and reinsurance intermediaries, investment and pension fund management companies, pension insurance companies, investment and pension funds, Central Register of Insured Persons, Fund for Croatian Homeland War Veterans and Members of their Families, Retired Persons’ Fund and legal persons carrying out leasing and factoring operations unless they are provided by banks as part of their registered activities.

Hanfa was established in 2005, integrating three existing supervisory institutions, namely the Croatian Securities Commission, the Agency for Supervision of Pension Funds and Insurance and the Insurance Companies Supervisory Authority.

Hanfa is an independent legal person with public authority within the scope of its activities and competence laid down in the Act on the Croatian Financial Services Supervisory Agency and other laws. It is accountable to the Croatian Parliament.

Objectives and principles

The principal objectives of Hanfa are fostering and safeguarding the stability of the financial system and supervising the legitimacy of supervised entities' operations. In achieving its objectives, Hanfa is governed by the principles of transparency, building confidence among financial market participants and reporting to consumers.